Coronavirus cuts foreign currency earnings from tourism by 19 percent in 2019-20, a report says

According to the central bank, revenues shrank to Rs 60.88 billion in 2019-20 that ended mid-July, a year-on-year loss of nearly Rs 15 billion.

Nepal’s foreign exchange earnings from tourism in the last fiscal year were down 19.2 percent as the industry shuttered in the wake of the Covid-19 pandemic from March-end.